Budget Specialist

The City of Takoma Park is seeking a self-motivated Budget Specialist to perform specialized duties related to the preparation, management and ensuring the accuracy of budget reports, budget and financial information as well as the City’s annual budget.This full-time position, which reports to the Finance Director, is an integral part of a 5-person Finance Team, working closely with each of its members. The starting rate for the position is $28.27 per hour and commensurate upon experience. We offer a highly competitive benefits package to include 100% paid medical, dental and vision premiums for employee only coverage and 80% paid premiums for dependents. This position is subject to membership within the AFSCME union.

Typical Duties:

• Assists with the preparation of the City’s annual budget package, including the Capital Improvement Plan, financial data analysis, and narrative reports. Reviews and edits the budget submissions for reasonableness, accuracy, and conformance with procedures and guidelines.
• Responsible for the timely validation and collection of all bank account reconciliations from the Finance team members.
• Performs daily review of bank accounts transactions; funds transactions; prepares journal entries and adjusting entries; maintains journal entries and maintains the continuity of assigned journal entry numbers.
• Prepares quarterly financial reports and provides revenue and expenditure variance analyses for review by the Finance Director.
• Assists the Finance Director with the preparation of the Comprehensive Annual Financial Report (CAFR) and other schedules.
• Prepares and reconcile Equipment Replacement Reserve (ERR) at the year end and during budget preparation.
• Assists the Finance Director with the year-end closing process in a timely manner. This includes but may not be limited to account payable accruals, payroll accruals and all asset and liability account reconciliations.
• Assists the Finance Director with the tracking of revenues receivable and expenditures output.
• Reviews daily cash receipt reports and performs the verification of recorded cash receipts to validated bank deposit tickets.
• Assists with the review of recorded transactions for accuracy and budgetary compliance.
• Develops and prepares budget documents; prepares tables and graphs; computes percentage; formats report; ensures the amounts in the budget document agree with the automated budget worksheets.
• Performs related duties as assigned by the Finance Director.